ARK Genomic Revolution ETFUpdated ARKG Double-top and formation of resistance above current level
In the near-term the outlook is weak as we have completed a second attempt breaking a top and fell below support and have now established resistance at a level I've drawn out previously as support. You can look back at the current cycle now and see how much effort will be to regain the strong upward channel. I am going to pair back my investment here and wait until we confirm support again before re-entering.
Obviously this is what I am doing. Please do your own research and charting. It is gratifying.
Obviously this is what I am doing. Please do your own research and charting. It is gratifying.
Note
At resistance this morning. 
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.